Security Incident · Exchange
YOUBIT Security Incident
In the wee hours of December 19, Youbit was dealt a death blow in the form of another hack.
Incident Overview
The exchange, which was also hit in April, is closing down in the fallout of the most recent attack. As revealed on its website, they had been forced to terminate its services after suffering another hack. The hackers ran off with 17% of Youbit’s funds, enough to drive the exchange into bankruptcy.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.